Discover Financial Services Announces 2016 Annual Meeting of Shareholders

Discover Financial Services (NYSE: DFS) plans to host its 2016 Annual Meeting of Shareholders at its headquarters in Riverwoods on Thursday, May 12, 2016, at 9:00 a.m. Central time.

Live audio of the meeting will be available on Discover’s corporate website at https://investorrelations.discover.com. Presentation slides will be available shortly before the beginning of the meeting. A replay of the meeting will be available after 2 p.m. Central time on May 12, 2016.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discover.com/company.

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Discover Financial ServicesInvestor Contact:Bill FranklinInvestor [e-mail] Contact:Jon DrummondPublic [e-mail]